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The Sensible Guide to Forex: Safer, Smarter Ways to Survive and Prosper from the Start by Cliff Wachtel

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Read This First

What You Absolutely Must Know

Read this first … or at least skim it. There are things you must know here.

First, congratulations! You've just found something few forex (foreign exchange or currency) beginners ever find—an ideal starting point.

CURRENCY RISK: EVERY INVESTOR'S DILEMMA

You can't live with them, and you can't live without them. They're often complex, exasperating, unreasonable, and irrational, and they always want more of your time and money. I am referring to trades or investments that give you currency diversification, of course. We all need it, but few succeed in currency markets. The methods commonly used are too risky, complex, and time-consuming for most people.

Unfortunately, it's very hard to find the right guidance for getting started. Virtually all of the so-called “Beginners' Guides” are either:

  • too superficial to give you the practical skills needed to start making money, or
  • too complex and detailed to provide clear step-by-step ways to actually start making money
  • too focused on the usual methods of forex trading that are too risky, complex, and time consuming for most people to use successfully.

We've dedicated years to creating a book that avoids these pitfalls. It gives you a variety of approaches to get started via safer, simpler, more profitable ways to lower your risk and increase your returns, either as a conservative forex trader or as a more passive longer-term investor seeking exposure to assets in the best currencies.

Unlike ...

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